New Zealand - Consumer Confidence

New Zealand: Consumer Confidence

Mnemonic CIC.INZL
Unit Index, NSA
Adjustments Not Seasonally Adjusted
Quarterly 11.31 %
Data 2022 Q3 87.6
2022 Q2 78.7

Series Information

Source Westpac New Zealand Limited McDermott Miller
Release Consumer Confidence Survey
Frequency Quarterly
Start Date 6/30/1988
End Date 9/30/2022

New Zealand: Consumer

Reference Last Previous Units Frequency
Consumer Confidence 2022 Q3 87.6 78.7 Index, NSA Quarterly
Retail Sales 2022 Q2 28,974 28,973 Mil. NZD, SA Quarterly
Personal Income 2022 Q1 203.27 201.89 Index 2005=100, SA Quarterly

Release Information

The Westpac McDermott Miller Consumer Confidence Index is a quarterly balance of opinion (+/- 100) based on a survey of consumers in New Zealand.  It is published late in the last month of each quarter (i.e., March, June, September and December).

An index number over 100 indicates optimists outnumber pessimists, while a value under 100 denotes the reverse.  The margin of error in the survey is 2.5% at a 95% confidence interval.

Moody's Analytics republishes only the headline consumer confidence index.  The full report includes present and future conditions indices, regional indices (11), and the balance of response to the five component survey questions.  Responses by gender and age are summarized but not tabulated.

The index is compiled by Westpac, a financial company incorporated in Australia and founded as the Bank of New South Wales in 1861.

These consumer confidence indices are not subject to revision.